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http://www.businessinsider.com/2016-was-a-record-breaking-year-for-global-car-sales-and-it-was-almost-entirely-driven-by-china-2017-1 http://www.businessinsider
by iamacynic 10y ago
http://www.businessinsider.com/2016-was-a-record-breaking-year-for-global-car-sales-and-it-was-almost-entirely-driven-by-china-2017-1 http://www.businessinsider.com/2016-was-a-record-breaking-ye...
india and africa will be china in 20 years. this is the market that tesla is fighting for a fraction of, not the other way around. you're out of your mind.
people like cars. people will spend an irrational amount of money on their cars. they don't give a shit if it pollutes, or kills people, or doesn't because it drives itself sometimes. the trends show this, decade after decade. guess what? teslas pollute also. how many tons of CO2 was emitted extracting all of the rare earths and other super toxic shit that makes a tesla?
i'm sure tesla will be super successful. the rest of the brands aren't going anywhere either. and toyota was the first tesla. look at the prius figures. someone will do it again with electric cars. it won't just be tesla. you can't be serious if you think that.
- seanmcdirmid 10y agoEvery year is potentially a record breaking year for profits. That's how inflation works! India and Africa are going to buy Fords? China has been really nice to Ford, it has kept them afloat while the American market tanked at home, BUT let's not delude ourselves about how Chinese JVs work. Also, China has some weird tax games going on, so its not clear where demand will eventually settle (disclaimer, I lived in Beijing for most of 2016). Other countries have and will follow similar home-grown biases. You seem to have a bullish outlook on Ford, I don't know. I don't see them as a tech company, they make cars, they always have and always will, nothing will change for them. They aren't aiming for a shot at more greatness than they already have.
- iamacynic 10y ago> Every year is potentially a record breaking year for profits. That's how inflation works! do yourself a favor and never own or run a business. record breaking numbers do not happen by accident or because of inflation. you have a fundamental misunderstanding of what is actually going on here. the analogy you are looking for is "right before the car showed up the record sales of horses looked unstoppable." but you're not putting the pieces together in a coherent manner. also, ford will make whatever the car is. doesn't matter if it's electric or gas or diesel or bio.
- seanmcdirmid 10y agoHow many years does Ford have record breaking sales? It happens more often than you'd think and doesn't really prove much.
- iamacynic 10y agodo you run a business? if not, keep it that way.
- seanmcdirmid 10y agoAd hominens are not appreciated on HN.
- qume 10y agoFriendly note - disclaimer != disclosure. Although in this case neither would have been better.